Entity Owned Property summary
This fee-simple, seven-story Red Roof Inn PLUS+ hotel in Wichita, Kansas boasts 97 keys and is strategically located on Kellogg Avenue (US 54/US 400), a high-traffic corridor with approximately 12,000 vehicles passing daily. Built in 1973 and situated on 1.15 acres, the property features an indoor pool, sauna, hot tub, fitness center, and 4,125 square feet of renovated meeting/event space. Recent (2023) capital expenditures exceeding $40,000 included LED lighting upgrades, pool area… renovations (new tiling, equipment), and enhanced pool heating. The hotel benefits from its proximity to major employers like Koch Industries, Cargill, Spirit AeroSystems, and Textron Aviation, collectively employing over 9,000 people. Financial performance in 2023 showed nearly $1.4 million in revenue and $450,000 in net operating income (NOI), representing a 32.8% NOI margin. The asking price is $3,650,000 ($37,629 per key), resulting in a compelling 11.66% cap rate (pro-forma 13.44%). This presents a strong investment opportunity with significant potential for future growth and profitability. The property's efficient operations and prime location near popular attractions like Exploration Place and the Sedgwick County Zoo further enhance its appeal and revenue generation capabilities. The hotel's strong financial performance, coupled with its strategic location and recent improvements, makes it an attractive investment opportunity.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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